Crude Oil News

ExxonMobil is bringing back unspecified units at its 270,000 bpd Fawley refinery on the UK's south coast...

Refiners in China reduced throughputs during April amid seasonal maintenance, while fuel oil production took a larger...

Two Russian refineries damaged by Ukrainian drone attacks have restarted, representing more than half a million...

Energy giant TotalEnergies had greenlighted its major Kaminho deepwater project offshore Angola, which is expected to produce 70,000 bpd...

Crude and refined product prices ticked higher in European trade Monday, little moved by news...

Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...

Saudi Arabia's crude production dipped back below 9 million bpd in March as the country sticks...

North American drilling activity was little changed over the week although the Permian Basin lost another two rigs...

Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...

The Brent/Dubai cash spread continued to price in negative territory with the inverted value widening to a six-month high heading into the final decade of May...

Ukrainian drone attacks on Russia's refineries continued over the weekend, with a site in the south of the country damaged in the latest...

The US Department of Energy (DOE) has bought another 3.3 million barrels of US crude oil as part of its Strategic Petroleum Reserve (SPR)...

The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...

China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...

Russian crude oil remained the top choice for Chinese refiners last month despite a...

Speculative net long positions for the US crude benchmark contract rebounded for the first time in five weeks as commercial stocks in the...

Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...

ICE gasoil futures rebounded for a second consecutive week after the latest series of Ukrainian drone strikes targeted...

A series of Ukrainian unmanned aerial vehicles (UAV) struck oil infrastructure in Russia's Black Sea port of Novorossiisk...

Angola's crude oil output slipped to its lowest level in a year during April, dropping to 1.07 million bpd...